! Required information Exercise 11-6 Stock dividends and per share book values LO P2 [The following information applies to the questions displayed below] The stockholders' equity of TVX Company at the beginning of the day on February 5 follows: Common stock-$10 par value, 150,000 shares authorized, 64,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings 640,000 525,000 675,000 Total stockholders' equity $1,840,000 On February 5, the directors declare a 10% stock dividend distributable on February 28 to the February 15 stockholders of record. The stock's market value is $33 per share on February 5 before the stock dividend. The stock's market value is $30 per share on February 28 Prepare entries to record both the dividend declaration and its distribution. View transaction list View journal entry worksheet General Journal No Date Debit Credit Retained earnings 1 Feb 05 396,000 Common stock dividend distributable Paid-in capital in excess of par value, Common stock ...... Exercise 11-6 Part 2 2. One stockholder owned 400 shares on February 5 before the dividend. Compute the book value per share and total book value of this stockholder's shares immediately before and after the stock dividend of February 5. (Round your "Book value per share" answers to 3 decimal places.) Before After 28.750 Book value per share Total book value of shares 11,500